Schneider National, Inc. (NYSE:SNDR) Short Interest Update

Schneider National, Inc. (NYSE:SNDR) was the target of a large increase in short interest in December. As of December 15th, there was short interest totaling 5,170,467 shares, an increase of 41.7% from the November 30th total of 3,649,401 shares. Approximately 3.9% of the company’s stock are short sold. Based on an average daily volume of 1,205,252 shares, the short-interest ratio is currently 4.3 days. Based on an average daily volume of 1,205,252 shares, the short-interest ratio is currently 4.3 days. Approximately 3.9% of the company’s stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Northern Trust Corp grew its holdings in shares of Schneider National by 12.0% during the first quarter. Northern Trust Corp now owns 566,958 shares of the company’s stock valued at $12,955,000 after buying an additional 60,656 shares in the last quarter. State of Wyoming lifted its stake in Schneider National by 62.2% in the 1st quarter. State of Wyoming now owns 5,849 shares of the company’s stock worth $134,000 after acquiring an additional 2,242 shares in the last quarter. WPG Advisers LLC acquired a new stake in Schneider National during the 1st quarter worth about $25,000. Quarry LP purchased a new position in Schneider National during the 1st quarter valued at about $32,000. Finally, Royal Bank of Canada grew its stake in Schneider National by 19.1% during the 1st quarter. Royal Bank of Canada now owns 162,011 shares of the company’s stock valued at $3,702,000 after acquiring an additional 26,015 shares in the last quarter. Institutional investors own 28.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on SNDR. Raymond James Financial upgraded Schneider National from a “market perform” rating to an “outperform” rating and set a $28.00 target price for the company in a research note on Wednesday, December 3rd. National Bankshares set a $21.00 price objective on shares of Schneider National in a research note on Friday, October 31st. Stifel Nicolaus raised their price objective on shares of Schneider National from $25.00 to $29.00 and gave the stock a “buy” rating in a report on Tuesday, December 16th. Zacks Research downgraded shares of Schneider National from a “hold” rating to a “strong sell” rating in a research report on Monday, October 13th. Finally, Citigroup reduced their price target on shares of Schneider National from $25.00 to $23.00 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $26.20.

Schneider National Stock Performance

Shares of NYSE SNDR traded down $0.45 during midday trading on Tuesday, hitting $26.88. 637,720 shares of the company’s stock were exchanged, compared to its average volume of 996,128. Schneider National has a twelve month low of $20.11 and a twelve month high of $31.19. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.11 and a quick ratio of 1.93. The firm has a market cap of $4.71 billion, a P/E ratio of 42.00, a PEG ratio of 1.07 and a beta of 1.09. The stock’s 50 day moving average price is $23.93 and its 200-day moving average price is $24.05.

Schneider National (NYSE:SNDR) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.09). The company had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.44 billion. Schneider National had a return on equity of 4.04% and a net margin of 2.03%.The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.18 earnings per share. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. Equities research analysts anticipate that Schneider National will post 1.12 EPS for the current year.

Schneider National Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 12th. Investors of record on Friday, December 12th will be issued a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, December 12th. Schneider National’s dividend payout ratio (DPR) is presently 59.38%.

Schneider National Company Profile

Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.

Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry’s most recognized carriers.